Michael Jonathan E - Dec 31, 2022 Form 5 Insider Report for RLI CORP (RLI)

Role
Director
Signature
/s/ Jonathan E. Michael
Stock symbol
RLI
Transactions as of
Dec 31, 2022
Transactions value $
-$1,175,310
Form type
5
Date filed
2/1/2023, 01:09 PM
Previous filing
Aug 30, 2022
Next filing
Feb 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RLI Common Stock Gift -$1.18M -9K -1.24% $130.59 716K Nov 21, 2022 Direct F1
holding RLI Common Stock 268K Dec 31, 2022 By Empl. Stock Ownership Plan F2
holding RLI Common Stock 61.5K Dec 31, 2022 By Trust F1
holding RLI Common Stock 19.5K Dec 31, 2022 Jonathan E. Michael Family Trust Number 2 F1
holding RLI Common Stock 152K Dec 31, 2022 By Key Employee Benefit Plan F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding RLI Stock Option 13.3K Dec 31, 2022 Common Stock 13.3K $90.64 Direct F3, F4
holding RLI Stock Option 7K Dec 31, 2022 Common Stock 7K $97.85 Direct F3, F4
holding RLI Stock Option 7K Dec 31, 2022 Common Stock 7K $106.02 Direct F3, F4
holding RLI Stock Option 7K Dec 31, 2022 Common Stock 7K $101.07 Direct F3, F4
holding RLI Stock Option 13.3K Dec 31, 2022 Common Stock 13.3K $86.24 Direct F3, F4
holding RLI Stock Option 7K Dec 31, 2022 Common Stock 7K $103.02 Direct F3, F4
holding RLI Stock Option 13.3K Dec 31, 2022 Common Stock 13.3K $82.28 Direct F3, F4
holding RLI Stock Option 12.5K Dec 31, 2022 Common Stock 12.5K $89.32 Direct F3, F4
holding RLI Stock Option 2K Dec 31, 2022 Common Stock 2K $54.27 Direct F3, F4
holding RLI Stock Option 1.75K Dec 31, 2022 Common Stock 1.75K $57.09 Direct F3, F4
holding RLI Stock Option 1.75K Dec 31, 2022 Common Stock 1.75K $61.66 Direct F3, F4
holding RLI Stock Option 1.75K Dec 31, 2022 Common Stock 1.75K $47.81 Direct F3, F4
holding RLI Stock Option 3.5K Dec 31, 2022 Common Stock 3.5K $52.77 Direct F3, F4
holding RLI Stock Option 6K Dec 31, 2022 Common Stock 6K $49.71 Direct F3, F4
holding RLI Stock Option 6K Dec 31, 2022 Common Stock 6K $51.01 Direct F3, F4
holding RLI Stock Option 6K Dec 31, 2022 Common Stock 6K $51.73 Direct F3, F4
holding RLI Stock Option 15K Dec 31, 2022 Common Stock 15K $57.42 Direct F3, F4
holding RLI Stock Option 13.8K Dec 31, 2022 Common Stock 13.8K $56.14 Direct F3, F4
holding RLI Stock Option 13.8K Dec 31, 2022 Common Stock 13.8K $68.59 Direct F3, F4
holding RLI Stock Option 13.8K Dec 31, 2022 Common Stock 13.8K $65.75 Direct F3, F4
holding RLI Stock Option 13.8K Dec 31, 2022 Common Stock 13.8K $59.16 Direct F3, F4
holding RLI Stock Option 12.5K Dec 31, 2022 Common Stock 12.5K $75.66 Direct F3, F4
holding RLI Stock Option 12.5K Dec 31, 2022 Common Stock 12.5K $82.47 Direct F3, F4
holding RLI Stock Option 12.5K Dec 31, 2022 Common Stock 12.5K $87.62 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Ownership reflects dividend reinvestment
F2 Balance reflects annual company contributions and dividend reinvestment.
F3 Stock option grant price adjusted to reflect $7.00 extraordinary dividend declared 11-10-2022.
F4 Pursuant to option schedule wherein 20% of the aggregate number of shares granted may be exercised commencing one year from grant date and each year thereafter in 20% increments.